RNS Number : 9502HConduit Holdings Limited01 August 2023

CHL PDMR/PCA TRANSACTION RNS

CHL PDMR/PCA TRANSACTION RNS

Pembroke, Bermuda - 1 August 2023

Conduit Holdings Limited

("CHL" LSE ticker: CRE)

PDMR/PCA Transaction Notification

CHL today announces that Trevor Carvey, a person discharging managerial responsibilities in CHL ("PDMR"), on 31 July 2023 and August 1, 2023 acquired a total of 15,000 common shares. Trevor's total current shareholding ownership interest now stands at 402,709 common shares.

PDMR Notification of Dealing Form: The notification below, made in accordance with the requirements of the Market Abuse Regulation (EU) 596/2014 (which forms part of UK domestic law pursuant to the European Union (Withdrawal) Act 2018, as amended), provides further details of the transaction.

1

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

Trevor Carvey

2

Reason for the Notification

a)

Position/status

Trevor Carvey - Executive Director/PDMR

b)

Initial notification/amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Conduit Holdings Limited

b)

LEI

21380085AE62D1BXSF19

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of

instrument

Common Shares of $0.01 par value

Identification code

ISIN BMG243851091

SEDOL BN133N2

b)

Nature of the Transaction

Acquisition of Shares

c)

Price(s) and volume(s)

Price(s)

£4.860; £4.860; £4.853; £4.853

Volume(s)

2,500; 2,500; 2,500; 2,500

d)

Aggregated information

Aggregated volume

Average Price

10,000 common shares

£48,565 aggregated total

£4.857 per common share

e)

Date of the transaction

31 July 2023

1

Details of the person discharging managerial responsibilities ("PDMR") / person closely associated ("PCA")

a)

Name

Trevor Carvey

2

Reason for the Notification

a)

Position/status

Trevor Carvey - Executive Director/PDMR

b)

Initial notification/amendment

Initial notification

3

Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor

a)

Name

Conduit Holdings Limited

b)

LEI

21380085AE62D1BXSF19

4

Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted

a)

Description of the Financial instrument, type of

instrument

Common Shares of $0.01 par value

Identification code

ISIN BMG243851091

SEDOL BN133N2

b)

Nature of the Transaction

Acquisition of Shares

c)

Price(s) and volume(s)

Price(s)

£4.800; £4.800

Volume(s)

2,500; 2,500

d)

Aggregated information

Aggregated volume

Average Price

5,000 common shares

£24,000 aggregated total

£4.800 per common share

e)

Date of the transaction

1 August 2023

Media contacts

H/Advisors Maitland - Vikki Kosmalska / Alistair de Kare-Silver

+44 (0) 207 379 5151

[email protected]

Investor relations and other enquiries:

[email protected]

Panmure Gordon (UK) Limited (Joint Corporate Broker)

+44 (0) 207 886 2500

Berenberg (Joint Corporate Broker)

+44 (0) 203 207 7800

Peel Hunt (Joint Corporate Broker)

+44 (0) 207 418 8900

About Conduit Re

Conduit Re is a pure-play Bermuda-based reinsurance business with global reach. Conduit Reinsurance Limited is licensed by the Bermuda Monetary Authority as a Class 4 insurer. A.M. Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of a- (Excellent) to Conduit Reinsurance Limited. The outlook assigned to these ratings is stable.

Conduit Holdings Limited is the ultimate parent of Conduit Reinsurance Limited and is listed on the London Stock Exchange (ticker: CRE). References to "Conduit" include Conduit Holdings Limited and all of its subsidiary companies.

Learn more about Conduit Re:

Website: https://conduitreinsurance.com/

LinkedIn: https://www.linkedin.com/company/conduit-re

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